Trent Limited Reports Audited Standalone Earnings Results for Fourth Quarter and Full Year and Consolidated Earnings Results for the Year Ended March 31, 2016
May 26, 2016 at 07:27 am EDT
Share
Trent Limited reported audited standalone earnings results for fourth quarter and full year and consolidated earnings results for the year ended March 31, 2016. For the quarter, the company’s net sales/income from operations was INR 3,699.403 million compared to INR 3,220.740 million a year ago. Loss from operations before other income, finance cost and exceptional items were INR 57.313 million compared to INR 173.126 million a year ago. Profit from ordinary activities before tax was INR 178.031 million compared to INR 153.810 million a year ago. Net profit was INR 170.197 million or INR 5.12 per basic and diluted share before and after extraordinary items compared to INR 114.483 million or INR 3.44 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the year, the company’s net sales/income from operations was INR 14,615.747 million compared to INR 13,232.964 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 582.472 million compared to INR 150.516 million a year ago. Profit from ordinary activities before tax was INR 969.180 million compared to INR 1,388.874 million a year ago. Net profit was INR 778.546 million or INR 23.43 per basic and diluted share before and after extraordinary items compared to INR 1,000.297 million or INR 30.10 per basic and diluted share before and after extraordinary items for the same period a year ago.
For the year, on consolidated basis, the company’s net sales/income from operations was INR 23,532.744 million compared to INR 22,367.617 million a year ago. Profit from operations before other income, finance cost and exceptional items were INR 694.215 million compared to loss of INR 21.320 million a year ago. Profit from ordinary activities before tax was INR 1,058.597 million compared to INR 1,994.998 million a year ago. Net profit was INR 631.542 million or INR 19.67 per basic and diluted share before and after extraordinary items compared to INR 1,294.299 million or INR 38.92 per basic and diluted share before and after extraordinary items for the same period a year ago.
Trent Limited is an India-based company, which is engaged in the business of retailing / trading of merchandise. The Company is engaged in retailing / trading of apparels, footwear, accessories, toys, games others. It operates through Westside, Zudio, Utsa, StarHypermarket, Landmark, Misbu / Xcite, Booker Wholesale and ZARA retail formats. Its flagship format, Westside offers apparel, footwear and accessories for men, women, and children, along with furnishings, decor, and a range of home accessories. Its family entertainment format, Landmark offers a range of toys, front list books and sports merchandise. Its value retail format, Zudio caters to apparels and footwear for men, women, and children. Its modern Indian lifestyle format, Utsa offers ethnic apparel, beauty products and accessories. The Company's hypermarket and supermarket store chain operating under Star Market concept offers an assortment of products, including staples, beverages, health, and beauty products.
Trent Limited Reports Audited Standalone Earnings Results for Fourth Quarter and Full Year and Consolidated Earnings Results for the Year Ended March 31, 2016